Examlex
Ben,a 44-year middle manager at a well-known advertising firm,just lost his job.The company downsized due to a significant loss of clients during the last recession.Although Ben's work was considered exemplary in many ways,and his staff had won awards with their creative work,the company decided to let Ben go instead of another middle manager who was also a minority.In a business setting,we call this occurrence ___________________.
Fraudulent Misrepresentation
Fraudulent misrepresentation occurs when one party intentionally provides false information to another with the aim of inducing that party into a contract, leading to potential harm or loss.
Intentional Deceit
Deliberate misrepresentation or withholding of truth to deceive or mislead another party, resulting in harm or damages.
Analysts' Conflicts
Situations where financial analysts' personal interests or relationships conflict with the professional advice they provide, potentially leading to biased information.
New York Stock Exchange
A leading global financial exchange for buying and selling stocks, located in New York City.
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